Is General Electric Stock a Buy?
It would be easy to say that the best days of what was once one of the largest and most revered American corporations, General Electric (NYSE: GE), are behind it. After an abysmal last decade versus the S&P 500, it would be hard to argue otherwise.
More important than reminiscing about what GE once was is the question of where GE is going. The company's cathartic 2018 included the near-eradication of its dividend from $0.24 per share per quarter in 2017 down to just $0.01 per share per quarter, a new CEO, and its removal from the Dow Jones Industrial Average, snapping a 100-year tenure.
That's about as rock-bottom as you can get. Now, in 2020, it's time to determine if GE has had its wakeup call, or if there's more pain ahead.
Source Fool.com
